This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

General Dynamics (GD): Today's Featured Aerospace/Defense Winner

General Dynamics (
GD) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.7%. By the end of trading, General Dynamics rose $1.85 (2.3%) to $82.45 on average volume. Throughout the day, 2,763,992 shares of General Dynamics exchanged hands as compared to its average daily volume of 2,023,700 shares. The stock ranged in a price between $81.22-$82.72 after having opened the day at $81.33 as compared to the previous trading day's close of $80.60. Other companies within the Aerospace/Defense industry that increased today were:
CAE (
CAE), up 4.6%,
Air Industries Group (
AIRI), up 3.2%,
AAR (
AIR), up 3.1% and
Huntington Ingalls Industries (
HII), up 2.4%.

General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. General Dynamics has a market cap of $28.2 billion and is part of the industrial goods sector. Shares are up 16.4% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate General Dynamics a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates
General Dynamics as a
buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.